Power Struggle Seen in Russia’s Shelving of Bashneft Sale

Updated on
  • Divisions over Rosneft may have prompted delay, analysts say
  • Bashneft shares fell as much as 15 percent after announcement

A power struggle within President Vladimir Putin’s inner circle may lie behind Russia’s surprise decision to delay selling a stake in Bashneft PJSC, its biggest asset sale in a decade, according to analysts.

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